Answer:
c. Industry-based, OT
Explanation:
SWOT analysis is used by businesses to identify areas of weakness and look for ways to optimise them to meet business goals.
SWOT means
S- Strength
W- Weakness
O- Opportunity
T- Threat
So the industry-based view is more interested in Opportunities and Threats using the SWOT analysis.
Is a process whereby companies compare their practices and performance measurements to those of other companies? Benchmarking. Benchmarking is one company's way of comparing how they do business to other companies. They check their metrics in practice and performance to see how they fair with the industries leading companies. They are commonly measuring quality of produce, time it costs to produce and the price it costs to produce.
Exchange rates are an effective way to analyze the price of one currency in terms of another currency with the tools of demand and supply.
<h3>What do you mean by exchange rate?</h3>
Exchange rates refer to the value of one's nation's currency over the currency of another nation.
An exchange rate can be fixed or free-floating. A fixed exchange rate is pegged to the value of other currency and a free-floating exchange rate may rise or fall due to changes in the foreign exchange market.
Thus, exchange rates are an effective way to analyze the price of one currency in terms of another currency with the tools of demand and supply.
Learn more about the exchange rate here:
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Answer:
correct option is C. Economies of scale
Explanation:
we know here that Margaret expend his business by 20 more people
so we can say according to given this is Economies of scale because
Economies of scale is cost advantage that the business can be exploit by the expand scale of production in long run
and effect is reducing long run average cost of production over the range of output and lower cost is improvement of productive efficiency
it can feed in form of lower market prices
they give business competitive advantage in the market and lead to lower price but high profit
so we can say correct option is C. Economies of scale
Answer:
b. Mass customization
Explanation:
Mass customization -
It is the process of producing goods and service which can be altered according to the likes and dislikes of the customer , is known as mass customization .
It is the method to increase the production and increase marketing and manufacturing methods .
This method is also known as built - to - order or made - to - order method .
This method allows the customer to have a wider area of options and increase the creativity .
Hence , from the question ,
The correct term for the given example is mass customization .